TECH WORLD
A QUESTION OF TECH ETHICS Ruwandi Perera tackles the conundrum of living with AI powered chatbots Like or hate it, chatbots powered by generative AI technology are here to stay – and we’re using them! We may or may not…
Category LATEST SRI LANKA NEWS
Sri Lanka ISB restructure talks await clarity on IMF methodology
ECONOMYNEXT – Sri Lanka’s debt restructuring talks with sovereign bond holders are awaiting clarity on how the International Monetary Fund assesses securities linked to economic performance under its debt sustainability analysis, sources with knowledge of the talks said. The IMF…
US Fed keep rates unchanged, reduces Treasuries sell-down
ECONOMYNEXT – The US Federal Reserve reserve said it would reduce the volume of Treasuries it is selling down each month (so-called quantity tightening), to 25 billion dollars from 60 billion, but would continue to target its policy rate at…
Sri Lanka’s JKH ties up with Melco for casino
ECONOMYNEXT – The US Federal Reserve reserve said it would reduce the volume of Treasuries it is selling down each month (so-called quantity tightening), to 25 billion dollars from 60 billion, but would continue to target its policy rate at…
THE FORUM 📌 FDI PROSPECTS UNDER…
[embedded content] THE FORUM 📌FDI PROSPECTS UNDER THE MICROSCOPE This week on LMDtvRuwandi Perera speaks with the Statutory Board Member and Chair of Sri Lanka and The Maldives Commonwealth Enterprise and Investment Council Niro Cooke #LMDtv #TheForum #TalkShow #TheVoiceOfBusiness #SriLanka…
Sri Lanka State Tourism Minister bemoans at tourist harassments; vows to act
ECONOMYNEXT – Sri Lanka President Ranil Wickremesinghe announced a 70 percent increase in the daily wage of plantation workers to Rs. 1700 in an unprecedented move amid his plans to run for presidency later this year. Wickremesinghe announced the wage…
Ahead of polls, Sri Lanka President announces record wage hike for upcountry workers
ECONOMYNEXT – Sri Lanka President Ranil Wickremesinghe announced a 70 percent increase in the daily wage of plantation workers to Rs. 1700 in an unprecedented move amid his plans to run for presidency later this year. Wickremesinghe announced the wage…
Supreme Global Holdings with Qatar, India investors, bids for SriLankan
ECONOMYNEXT – The US Federal Reserve reserve said it would reduce the volume of Treasuries it is selling down each month (so-called quantity tightening), to 25 billion dollars from 60 billion, but would continue to target its policy rate at…
Sri Lanka exports earnings up almost 10-pct in Mar 2024
The deficit in the merchandise trade account narrowed to US dollars 369 million in March 2024 from US dollars 412 million recorded in March 2023, primarily due to a higher increase in exports than the increase in imports. However, it…
Sri Lanka inflation up 1.5-pct in April 2024
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021=100)1 showed some uptick torecord 1.5% in April 2024 compared to 0.9% in March 2024. Food inflation (Y-o-Y) decelerated to 2.9% in April 2024…